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How do we do that?
Interesting!!!
Jersey, how hard could it be? You issue one share of the new company for each share of the old company. The new company has full control of itself and "votes" to buy the technology from the old company for $1 and the old company gets trashed or files BK and stays a worthless shell.
All the "long-term" shareholders are compensated, IF they hang on to your shares as of ex-date!
The shell just keeps trading into oblivion!
Wrong, I look at both sides, but I choose to believe something other than the obvious. It's called hope. To you and those like you, it is a weakness, but that is where I draw my strength. I will survive this IF it turns out to be a mistake; I've made others. If it is a *S*, I already know what the lesson is....
If it turns out you are right about this, you will still be disliked, not because you "took away our illusion," but because of how you deliver your message. Right or wrong, you are NOT popular and you don't know how to change that!
I don't prey on the weak, I pray for them. That is the difference. You want the weak and unsuspecting to look to you for your expertise and "rightness," because you worship yourself as a god and you want others to do the same for you.
You draw pretty pictures (charts) make obvious accusations and say, "See, I was right. Look at me, follow me."
Go AWAY!!!
Hey, mister, I have more unverified "insider" info I haven't divulged yet SON! There is still hope here where you are pushing despair. You have gained no trust nor will you ever from me. Your motive is very clear. At least I am willing to look at both sides.
Your 'study in psychology' should be looked at in the mirror; there in lies the case for study.
If we go down with this ship, we will go down collectively, huddled together with you on the outside saying, "See" and still no comfort, yet seeking!
Lee Iaccoca when he took over Chrysler. The CEO that turned GE around. The CEO that turned Xerox around. The CEO that turned Tyco around. Shall I go on?
All I am saying is that we should go after the 4 that possibly scammed Alex before we go after ACMG. Alex maybe telling the truth. If we go after MB, Lighthouse, Pateridis and SAT first and ACMG is involved, ACMG will go down with the ship (maybe.) If we leave ACMG out of it and they aren't involved, they will remain unharmed and we may be able to shake OFF some of their burdens and woes. Am I making any sense?
True longs, beware the wolves in sheeps clothing that will start calling you friend just because we've seemingly brought our guard down and started to question some things. These wolves and their game are no better than the cons we have uncovered here over the weekend.
I just did. The vmail message is "Trinity Assembly." Did you break your fingers? Do you not have a phone? Can you see the numbers on the phone?
Why can't some here do their own investigative work?
nlightn, I suggest that you only point at the 4: MB, Patreridis, SAT and (I forget.) Leave ACMG out of it for now; they might just be a victim here. I have some more pavement to pound before you start involving in possible lit.
K?
K!
nlightn, you only spout the obvious. I have it on better authority that the deal is on track.
You know, there are bashers that lurk and only post periodically. When they see their prey weakening, they pounce saying, "See, I told you so.." all along playing the innocent, but really burning the longs to get cheaper shares. Same con you and same audience of which you speak.
Hmmmmm! You nlightn no one by telling us what we already know. Reaffirming the obvious only uncloaks your motive.
If there was a gag order, I would think that would be a "material" enough event to warrant a PR. However, remember ACMG pre-closed-merger is still a shell and isn't bound by SEC rules and regs to the extent that a producing operating entity is.
Let's wait until tomorrw EOD before we get our panties in a bunch. I'm expecting news either way from an acquaintence that is in Quebec today and over the weekend. He's not going to be able to dig deep, but pete has informed me into which direction to point Him and I have asked him to take pictures if he finds anything conlusive. And no, it is not my bro-in-law; I don't have one, LOL!
BTW, I still think we should email AST&T (one email) w/ cc's to all of us (instead of one email from EACH of us!!!) That way, they know we know and that we are PO. They are a legit co and we don't want them to get PO too; we just want them to be our "middleman" and get a message to "whomever." You know, like petition style???
Oh boy, another basher beating a Bonga drum. Move on drummer boy, all of the longs that are left have the "thickest" skin. It's going to take a lot more than you can dish out to get us to sell; you don't have the words.
I like it!
LAST POST!!!
Leigh, I dont' feel comfortable doing that publicly, but here's the gist:
1) I came across unverifiable info re: AST&T from "birdie"
2) I informed pete providing him a list with the TA thereon, but did NOT tell him who it was. I wanted him to start investigating and see if he could get verification by cold calling (I didn't want to tip my hand.)
3) That same day (that I informed pete re: item #2) hubluv had talked to TDAM trying to figure out which shares would be divvy shares and which would not so he could take delivery of divvy certs. The rep at TDAM - while investigating - came up with the name.
4) Hubluv posted AST&T as the TA here and on Yahoo! after TDAM dropped their name.
5) We found out later, TDAM did this outside of "protocol."
Verification by accident.
Hubluv had no idea that I already knew WHO it was. Only pete knew that I knew there was another TA, but I never told him who they were. There is NO WAY that THEY could've come up with that name since I never told anyone. NO ONE!
In the words of "Rowan and Martin's Laugh In,"
"You bet your sweet bippy!!!" They're in NY!
I like the fax idea better; they can ignore emails. Better yet, we could email AST&T!!!!
Hey newbie, did you get an "OK" confirmation on the fax you sent? If you did, I think that if the receiving machine has no paper, you don't get an okey dokey!!!
Good! I'll take you on your word.
I agree and am not arguing. However, we believe that Alex has conveyed his disdain over pinkies and do not feel that he wants to stay in pinkyland. His PRs show evidence of acting like the desire to be above board and 8-K "like," so there maybe hope yet.
Be that as it may, I think we need to turn SAT, Lighthouse, the VC and the Greek (Pateridis?) over to the authorities before new mgmt at SAT has time to cover tracks.
So the voice on the "cell" vmail message mathces the voice you talked to? As I know the voice on the vmail messages matches the that online interview thingy.
Jersey, did you actually talk to Alex?
Although, I can't prove it, you must trust me, AST&T is involved in this. Hubluv, pete and I just stumbled on this fact. So, I think you are correct in the direction of your thinking.
I will be talking to my "birdie" tomorrow. I won't divulge anything, but I will be able to confirm or deny. Please understand, this is NOT an attempt to pump. I am NOT Iseem!
Ok look, you guys need to compile your "notes" of everything you've come up with so far, then send me ONE email. I don't want a whole bunch of emails with a bunch of stuff that I have to compile myself. I would like to read one email with all of the links and observations. Then, I will post the original email here and my assesment.
Whether or no ACMG is involved, I think we need to report the 4 parties alluded to before, but I can't keep going back through these posts to find the info; it's getting too complicated.
Is someone up to this task of compiling? I hate to see all of this work go to waste; some good effort here.
You have a good point here. They form ARTL, we get one share of it for each share of ACMG and then, ACMG goes away???
I must admit, I didn't call FST when I said I was going to. Has anybody tried calling these guys and the new management? Have they disappeared, too?
Does it matter? Report the questionable activity, for God's sake. Maybe that'll shake something loose!
Report Midland Baring/Lightsmedia/Pateridis/SAT before FST has a chance to cover anything up!!!!!!!!!
Prior to the missed interview, there was transparency, but no filings. However, the PRs (as I have pointed out previously) given were in lieu of SEC filings EVEN IF for a "blank check" or shell company. IOW, shells are not required to file SEC documents, but Alex was issuing PRs stating information thereon that would've satisfied 8-K requirements.
The guy on your radio show made the same comment. Most micro-caps because they are in development stage are exempt from many SECs filing reqs, therefore, PRs are your only source of info.
We can use these PRs against the co in a CAS, if it comes down to that!!!
Don't any of you think that the SEC, NASD, etc are better equipped to investigate these "coincidences?" They have bigger "shovels" and better "tools" for snooping around. All we have to point out is the connection between these so called "clean" shells, SAT, Lighthouse Media (and whatever else) and the fact that most of the companies that have R/M'd into these shells have similar patterns of "operations."
I think it selfish to only look at how it may be affecting us and ACMG. What about the next poor sucker that gets into one of these (not saying ACMG IS one of these.)
What if SAT => FST is just a rouse to avoid investigation and make it look like they are going to change their ways. Is there any connection between the new guy and any of the other shady characters you've uncovered at Lighthouse, etc?
When you suspect illegal activity, that is the BEST time to raise an alert. You don't want these guys to have time to cover their tracks.
You know, I keep using my 15 posts before the discussions get really good which are usually in the evening, so I read from the sidelines. There's been some very interesting investigative work going on the last couple of days, BUT it seems it is only being done for the sake of DD. I find that puzzling.
My take, is that you guys that are finding questionable and possible illegal activity in your research re: relationships between TA's, shells, high jackings, etc. shouldn't JUST be sharing it as "DD" on the board for investment decisions, you should be reporting ANY "questionable" activity to the authorities. Did it ever occur to any of you uncovering this BS, that if authorities knew about it, they may be able to find more and better ways to combat and regulate?
It's like watching a robbery or mugging and not reporting it to the police because you don't want to get involved or you feel they'll turn a blind eye anyway, so what's the use.
We are supposed to have the power to govern ourselves and prevent this kind of thing from happening TO US. If it keeps happeneing TO US and we aren't reporting it, then it is OUR FAULT and we have no one to blame, but ourselves!!!!
I have a tad more for the "Good" side list, like:
The new TA AST&T;
Support of PPS recently @ 03;
Stock under accumulation;
Volume seems to be drying up.
For the "Bad" side:
Reg SHO;
My email:
Dr. Alex Cavasin,
Your company Alcar Chemicals Group at one time was diligent in at least responding to emails and/or voice mail messages. Now you do neither nor do you have the courtesy to even indicate your further existence through a press release. Recently, a person who shall remain anonymous, was informed that a PR would be forthcoming on Tuesday, May 8th, 2007. They informed many that this information was offered by your "singnificant other" Carmel. Do I have to remind you of the implications of revealing false information to manipulate the stock market?
Furthermore, in your last PR, Siam (and you) indicated that the Material Definative Agreement (MDA) would close, "on or before May 7th." By law and according to SEC compliance rules (Items 2.01 and 9.01 of Form 8-K) regarding mergers and acquisitions of shell companies:
"Items 2.01 and 9.01 of Form 8-K currently apply to shell transactions in which the public shell acquires a private operating company. Amended Item 2.01 requires a shell company to make a detailed filing on Form 8-K within four business days after completing such an acquisition."
It also amends:
"Item 9.01 of Form 8-K currently requires public companies that complete significant acquisitions to file audited financial statements of the acquired company not later than 75 days after completion of the acquisition. Amended Item 9.01 closes this window for shell companies by requiring that audited financial statements of the operating company and pro forma financial information be included in a single Form 8-K filed within four business days after completion of the transaction."
If the MDA closed, you have missed an extremely important deadline. It is entirely possible, however, that Siam backed out of the deal or that an "internal" extension was agreed upon. However, leaving any investor - long-term, short-term, day-trader or otherwise - oblivious to this material fact is not only unethical, but down right rude. Regardless of your feelings towards investors in general and their petty day to day concerns over PPS, any material modification to your last PR is non-compliant with SEC rules! So, that leaves questionable cause as to the motive of this silence.
Perhaps it is the new management at Select American Transfer that has yet to accommodate the management at American Stock Transfer and Trust in New York. Perhaps, there are other issues beyond your control that would leave your image less than stellar and hence the silence. Perhaps, you/Siam are under a "gag" order by some court not to disclose. Whatever the case, the silence is deafening and is no way to "reward your long term investors." True longs also have a breaking point.
Therefore, as I did with the "supposed" naked short situation, I am filing complaints with the SEC, NASD, FBI and the Department of Homeland Security (maybe even Interpol) with regard to these developments. I am also going to encourage EVERYBODY that I know who is and WAS invested in this company to do the same. If you are still on the up and up, I hope this does not have an adverse affect on our investment or hinder execution of "the plan," but at least we may get more than you are currently giving us which is NOTHING at the moment. So tell your Siamese friends, we're coming with a vengence.
Not only do you NOT answer emails addressed to your Investor Relations department, you do not answer the phone, return voice messages or calls/messages to your personal cell phone number 514-402-3665! I have ONCE heard an answer to this number by some lady who couldn't speak English. All other times the call is redirected to voice mail that receives no messages and disconnects.
A company's IR department is an investor's "life line" and you and/or Siam has severed that life line without notification or any forewarning. That is cause for deep concern. Enough is enough.
We are very disappointed, to say the least!!!
You know who I am, so I will not close this letter by giving you the courtesy of a proper salutation.
I went through this about a month ago and waffled on the A-Team/Yahoo board. This isn't emotionally based this time. This is based on fact about what I've been able to dig up about rules.
Perhaps Siam doesn't feel the need to play by the rules, YET, but if they want to be BIG boys and trade in open markets, they have to play by the rules eventually; if there is a Siam.
I figured $10 million.
Nlightn, don't get your hopes up. Until we have confirmation one way or another, you TOO are just speculating. Enjoy your time in the lime light; it MAY be short lived. Certainly don't think you've made any friends yet and humility goes both way no matter which side of the fence you sit.
I have a friend who speaks fluent Mandarin and Cantonese. I may have him call the number and start speaking Chinese and see if we get somewhere.
What if someone mugged Alex and they took his cell and the service is automatically paid for through a credit card?
They're called "confidence" or "con" men. No need to elaborate, we get your point.
Huh? Who said anything about digging anything up? Do you have ESP? Take a look at my previous post to this.
He's gone through all the exercizes that I posted a couple of weeks ago. He's got the best confirmation you can get without seeing with his own eyes.
An acquaintence of mine is in Montreal this weekend. He won't be able to do thorough digging, but pete and I have sent him to where we want him to take pictures. He SHOULD be getting back to me in a timely manner; if he has no pix, no go.
See (my sig?)
I hate to say this in the light that I have tried every conceivable avenue to remain positive and give Alex the benefit of the doubt, BUT, if he dumped his 68 millions shares starting at $0.18 down to $.12, that's an average of $0.15 and roughly $10 million. That kind of money goes a long way in China; a LONG way.
Why he would keep his cell if he scammed us is beyond me, but I am starting to question this whole thing and looking "at the other side" now. All those PR's could've been a rouse to "buy time;" Time to pack, say goodbye to this side of the world and make his getaway.
Why AST&T? Why the subltle mods to the website? Why all of the little things that we keep uncovering that we want to add to the ONE big thing? Is he still stringing us along so that we don't report him? Is he still not completely gotten away? Or, as jersey put it, did the deal fall through and he is looking for other avenues?
I don't know, BUT, I have made one last attempt to email him. I have been very pointed as I was with Mr. Sung that got the "unprofessional" response we all laughed at. I have given him one more day to give us something, then I will start filing complaints to every orgainization I can think of; SEC, NASD, FBI, DHS and Interpol.
Coersion can work if you feel you have been backed into a corner. All "they" have to do is PR something, but, IMO, it better be a damn good "something" PR 8-K style; or a HUGE apology for failing to close and a contingency plan. Anything else is BS!!!!
I am now pissed, Alex. You get no "Dr" from me until you come forward and clear the air. Enough is enough! Time to come clean.
Monday, COB!!! You have all weekend to think about this and the anguish you have put us through for the last month and a half!
I will now change my signature to "Enough is Enough, MF!!!! I'm PO"
So, from that perspective, Iseem was right.
That's his number. I just dialed it again and got vmail with the Frenchy and Him saying his name.